@Theresa Harris I know the balance re cash flow and appreciation, but they should not claim there'll be cash flow if there won't be any.

Quote from @Theresa Harris: This doesn't answer your question, but I've always wondered why in some places taxes double if house prices jump. 

Wait until Harris introduces the 25k first time buyers assistance program. 

Thanks @Theresa Harris, @Jake Andronico and @Bill B. for the tough love comments :-)It all makes good sense.  

Section 8 HUD tenants are usually families, or the elderly, or single parents that need these vouchers and properties to survive, they're not going to risk their livelihood so recklessly.Furthermore, I do agree that owners will all too often invest pennies on the dollar into a property and expect it to suffice.

In Lee County Florida alone, they now have 26 lawsuits filed.Also, in Harris County, Texas, a garnishment order was issued against Blacktip and various other parties for their Bank of Ozarks bank accounts.

As long as the former owner survived the nursing home didn't put a lien on the property. 

Quote from @Theresa Harris: Are the units currently occupied and tenants paying market value for rent? 

Quote from @Theresa Harris: Tenant is scamming you, but if the lawyer can write something that says you are not admitting any liability and this is a one time thing, perhaps. 

Quote from @Theresa Harris: Quote from @Kevan Baum: Hi Sandeep,Calgary is getting to be pretty speculative at this point.